Market Update: Noe Valley Real Estate [video] – September 2015

This video is part of the SFhotlist Monthly Market Update Video Series. Each week, we provide you with a short video with updated information about San Francisco real estate and the neighborhoods you love. Let us know if there is something specific you’d like to know.

Noe Valley Market Update – September 2015

Welcome to September’s Noe Valley Market Update.

The number of active listings was down 16% from one year earlier and up 60% from the previous month.

The median listing price for the month was just over $3 million, while the median sales price was just under $2.4 million.

Compared to last year, the average number of days that units spent on the market before being sold was down 52%. The number of units sold decreased 12% year-over-year and decreased 12% month-over-month.

The Take Home

Number of active listings: Down 16% year-over-year

Number of active listings: Up 60% month-over-month

Median listing price: Just over $3 million

Average number of days on the market before sale: Down 52%

If you’d like to know more about Noe Valley real estate, don’t hesitate to reach out. Let’s talk!